The Central Bank of Nigeria (CBN) has imposed an N800m fine on three Deposit Money Banks in the country for violating regulations barring customers from transacting...
American global tech payments giant Visa has built an innovation studio in Kenya as it seeks to help Africans develop digital solutions. The multinational financial services...
Nigeria’s debt stock could be in excess of over N50 trillion compared to the N39.56tn reported by the Debt Management Office (DMO). This is according to...
Nigerian currency continues its free-fall to the United States dollars and financial experts have told Nigerians to expect further depreciation as the year progresses. According to...
The Financial Services Regulation Coordinating Committee (FSRCC) has issued a note of warning to Nigerians when making investments. According to FSRCC, Nigerians must always make efforts...
UK investor, Unilever Group, has acquired the tea business of its subsidiary, Unilever Nigeria, through another subsidiary, Unilever Tea MSO Nigeria Limited, a move that will...
Elon Musk has taken a 9.2% stake in Twitter, according to a US securities filing. The news sent Twitter shares soaring about 25% in pre-market trading....
The Federal Government has ordered telecommunications operators including MTN, Globacom, Airtel, and 9mobile to bar all outgoing calls of all Subscriber Identification Module cards not yet...
The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in 2021. This was contained in the...
A Federal High Court in Lagos has struck out a suit challenging the Central Bank of Nigeria (CBN)’s Cashless Policy. Justice Akintayo Aluko struck out the...